PRINTER'S NO. 2612
No. 2073 Session of 1978
INTRODUCED BY GRIECO, MILLIRON, MADIGAN, GIAMMARCO, SALVATORE,
CIMINI, STUBAN, HASAY, KATZ, CESSAR, ZORD AND PARKER,
FEBRUARY 21, 1978
REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 21, 1978
AN ACT
1 Providing a limited exemption from taxation for certain retired
2 persons.
3 The General Assembly of the Commonwealth of Pennsylvania
4 hereby enacts as follows:
5 Section 1. Exemption from taxation.
6 All real property owned, occupied and used as a residence by
7 a retired person 70 years of age or older or the spouse of a
8 retired person 70 years of age or older shall be exempt from all
9 State, county, city, borough, town, township, road, poor and
10 school tax, and such persons shall also be exempt from any
11 income, wage, per capita or similar head tax, and any occupation
12 or occupational privilege tax except for the sales tax:
13 Provided, That such exemption shall apply only to such persons
14 with a combined annual income of $10,000 or less and have no
15 children attending a primary or secondary school: And provided
16 further, That such exemption shall apply only to such persons
17 with real property which has been owned, occupied and used as a
1 residence for a continuous period of 15 years immediately prior
2 to the fiscal year for which such exemption shall be applicable.
3 Section 2. Effective date.
4 This act shall take effect immediately but shall apply as to
5 particular taxing authorities only to taxes levied and assessed
6 for fiscal years beginning not less than six months from the
7 effective date of this act.
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